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Interest means that you borrow money, and you owe it back with a little bit extra. e.g. you owe someone £10. After a month you give that money back. But for having let you borrow it, you might now owe £10 with 2 pounds (interest) added.
Well first off, you need to tell what the payment is, because we won't know what will HAPPEN to the future value so if you want your answers now, please answer back to get YOUR answer for what important thing you need to know. Thanks.
It is possible for the sum to never be paid back.
That piece of paper means something. you promised to buy and gave money. They held the furniture for you until you could complete payment. "All sales are final" means exactly what it says. ---------- The above answer is not necessarily true. According to: (http://ag.ca.gov/consumers/general/refund_policies.php), "The policy must be displayed either at each entrance to the store, at each cash register and sales counter, on tags attached to each item, or on the company's order forms, if any. A return policy printed only on a receipt, for example, is not sufficient. If a store violates this law (California Civil Code section 1723), the purchaser can return an item for a full refund within 30 days of purchase." Also, a deposit is not a completed sale. Most retail deposits are "Earnest Money / Good Faith" deposits, in other words, it is just showing your intent to complete the sale - These deposits are not what completes a sale (if they were, you would have your furniture and it would have been called a payment for goods.). That all being said, you should to check to see if anything is noted about deposits being non-refundable if the sale is canceled.
Reimbursement means paying someone back for something. Like, if you lend money, you will be reimbursed when paid back. But you can also reimbursed for your time or effort, etc, or if someone damaged your property, you can be reimbursed for that.
No, you do not. It's a down payment, not a security deposit.
Where I live a deposit is a payment to hold the vehicle.Please note I said paymentSo no, if you put down a deposit, you are paying us to not sell the car for a period of time.This payment is credited against your purchase but not refundable if decide not to buy.
if someone puts a deposit on a car after a 2 weeks period they change there mind do have to give them there deposit back
efiled for2011 but owe back taxes from 2009..payment plan is due august 2011..can the back taxes be deducted from payment estimated to be directly deposited by july 4 2012 without delaying deposit?
Highly doubtful
A back payment is an overdue payment from a debtor to a creditor on money owed.
If the name on the check matches the name on the account, and if the check is signed on the back, then just about anyone can deposit the check. Withdrawing the funds requires ID, though.
In Texas, you can only get your deposit back if your application is rejected and/or you have 3 days from the date of application to chane your mind. After that, you are not eligible to et your "application deposit" back.
Sometimes it is, but it's at the landlords discretion. If you find someone to move in as your replacement, you are more likely to get the deposit back.
As long as you get your security deposit back, it doesn't matter how he gives it back to you.
Payment for war damages or damages caused by imprisonment.To pay someone back for a wrongdoing.To make amends.
There isn't much of a difference between a prepaid expense and a deposit. Both terms are monies that are paid in advance to pay for something. With a prepaid expense, the money pays usually for a bill or utility. A deposit on the other hand, is sometimes given back after the obligation is paid. If it is not paid, the deposit is kept as payment.